|
Club Accounts offer members the opportunity to earn higher interest and save throughout the year for those special events in life.
Christmas Club Account *
Are you forever paying off the big Christmas bill from the previous year because you charged those gifts when you didn't have the cash on hand? If this sounds familiar, we have a solution! A Christmas Club Account at El Paso Employees FCU lets you save early for Christmas expenses. It only takes $5 to open the account. You can open your Christmas Club Account between November 1st and January 31st and earn a high interest rate on your savings. The principal and interest will be deposited into your savings account on November 1 of the following year .
* Maximum account balance is $5,000. Forfeiture of all accrued interest when any funds are withdrawn prior to maturity.
Vacation Club Account *
Are you dreaming about a fabulous vacation, but never seem to have the funds? Well, join the Club...this is...the Vacation Club at El Paso Employees FCU. The Vacation Club is a great way to save some extra money for a vacation. This account lets you plan a year ahead and you can open the account with only $5. You have one year to deposit extra money into your Vacation Club while you earn high interest rate on your savings! Vacation Club Accounts can be opened between May 1st and July 31st, the principal and interest will be deposited into your savings account on May 1st of the following year.
* Maximum account balance is $10,000. Forfeiture of all accrued interest when any funds are withdrawn prior to maturity.
Youth Club Account *
The Youth Club Account is a high-yielding savings account for kids age 18 or younger. The account earns a high interest rate, paid annually on January 1st. This account is ideal for those interested in getting a high return on their child's saving dollars. There are no limits to the amount or number of deposits that can be made on this account. Deposit as much as you want and as frequently as you like and watch your child's money grow! Use the funds for college, a first car, school clothes, or just for a little money when they get out on their own. Another benefit of this account is Life Saving Insurance. Life Savings Insurance will match the amount on deposit up to $5,000.
* A $15 initial deposit is required. Withdrawals may be made only during the month of January. All other withdrawals are subject to a $5 withdrawal fee. Minimum withdrawal is $50.
Click here for information on current dividend rates.
|